Word: lota
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Four members of the Class of '49 were elected to lota chapter last fall. New members will be formally initiated later this month...
...fiery President Gabriel González Videla was concerned, the Communists had asked for it. They had struck Chile's coal mines; he had expelled a Yugoslav diplomat on charges of pulling the strings (TIME, Oct. 20). And last week, when his troops were restoring order in the Lota coal fields, 2,000 Communist-dominated last-ditchers barricaded themselves in a mine tunnel and set off dynamite charges in front of advancing Chilean soldiers...
...police and soldiers began a nationwide roundup of Communists. Party big shots heard a radio news flash and, just in time, skedaddled. Parliamentary immunity spared the party's five Senators and 15 Deputies. But at El Siglo, the Communist newspaper in Santiago, even the linotypers were arrested. At Lota, 300 miners' leaders were held for court-martial. When Communist unions pulled reprisal strikes in the great nitrate fields and copper mines, the Army grabbed another...
...million World Bank loan. Visiting U.S. industrialists, who have told González that they would be interested in investing in Chile if ever he got the best of his Commies, could watch the rapid climb of Chile's stockmarket last week and draw their own conclusions. Lota coal shares were up ten points in five days...
...lost in the political power play were some 18,000 undersea coal miners of Lota, whose strike for higher pay set off the explosion (TIME, Oct. 13). They went back to work last week at a 40% increase in pay: 20? an hour at the official rate...